Fossil Group
Fossil Group, Inc., is an American fashion designer and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, Misfit, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.
| Company type | Public |
|---|---|
Traded as | Nasdaq: FOSL |
| Industry | Fashion |
| Founded | 1984 (as Overseas Products) |
| Founder | Tom Kartsotis |
| Headquarters | Richardson, Texas, U.S. |
Number of locations | 364 |
Key people | Kosta Kartsotis (Chairman & CEO) |
| Products | Watches, Wallets, Jewelry, Perfume, Leather products |
| Revenue | US$2.21 billion (2019) |
| US$−28.3 million (2019) | |
Net income | US$−52.3 million (2019) |
| Total assets | US$1.60 billion (2019) |
| Total equity | US$503 million (2019) |
Number of employees | 7500 (2021) |
| Website | fossilgroup |
Kosta Kartsotis, brother of Tom Kartsotis and CEO, owns approximately 12.5% of Fossil stock. The company name is the nickname the brothers gave their father.
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